Comparison between Nikita Papers IPO and Purple Wave Infocom IPO.
Nikita Papers IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Purple Wave Infocom IPO is a SME Bookbuilding proposed to list at BSE SME.
| Nikita Papers IPO | Purple Wave Infocom IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Novus Capital Advisors Private Limited | Smart Horizon Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Nikita Papers IPO is up to ₹64.15 Cr whereas the issue size of the Purple Wave Infocom IPO is up to ₹29.84 Cr. The final issue price of Nikita Papers IPO is ₹104.00 per share and of Purple Wave Infocom IPO is ₹126.00 per share.
| Nikita Papers IPO | Purple Wave Infocom IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹95.00 per share | ₹120.00 per share |
| Issue Price (Upper) | ₹104.00 per share | ₹126.00 per share |
| Issue Price (Final) | ₹104.00 per share | ₹126.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1000 shares |
| Fresh Issue Size | 61,68,000 shares | 23,68,000 shares |
| Fresh Issue Size (Amount) | up to ₹64.15 Cr | up to ₹29.84 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 61,68,000 shares | 23,68,000 shares |
| Issue Size Total (Amount) | up to ₹64.15 Cr | up to ₹29.84 Cr |
Nikita Papers IPO opens on May 27, 2025, while Purple Wave Infocom IPO opens on Nov 28, 2025. The closing date of Nikita Papers IPO and Purple Wave Infocom IPO is May 29, 2025, and Dec 02, 2025, respectively.
| Nikita Papers IPO | Purple Wave Infocom IPO | |
|---|---|---|
| Anchor Bid Date | May 26, 2025 | Nov 27, 2025 |
| Issue Open | May 27, 2025 | Nov 28, 2025 |
| Issue Close | May 29, 2025 | Dec 02, 2025 |
| Basis Of Allotment (Tentative) | May 30, 2025 | Dec 03, 2025 |
| Initiation of Refunds (Tentative) | Jun 02, 2025 | Dec 04, 2025 |
| Credit of Share (Tentative) | Jun 02, 2025 | Dec 04, 2025 |
| Listing date (Tentative) | Jun 03, 2025 | Dec 05, 2025 |
| Anchor Lockin End date 1 | Jun 30, 2025 | Jan 03, 2026 |
| Anchor Lockin End date 2 | Aug 28, 2025 | Mar 04, 2026 |
Nikita Papers IPO P/E ratio is 11.39, as compared to Purple Wave Infocom IPO P/E ratio of 9.33.
| Nikita Papers IPO | Purple Wave Infocom IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)Purple Wave Infocom Ltd.'s revenue increased by 40% and profit after tax (PAT) rose by 68% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 80.38 | 98.52 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.21 | 71.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.39 | 9.33 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹256.55 Cr. | ₹116.50 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 21.45% | 71.54% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 28.71% | 42.80% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.45 | 0.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.13 | ₹13.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.45% | 52.69% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Nikita Papers IPO Retail Individual Investors (RII) are offered 21,58,800 shares while in Purple Wave Infocom IPO retail investors are offered 21,58,800 shares. Qualified Institutional Buyers (QIB) are offered 22,15,200 shares in Nikita Papers IPO and 4,80,000 shares in Purple Wave Infocom IPO.
| Nikita Papers IPO | Purple Wave Infocom IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,68,800 shares | 6,34,000 shares |
| Market Maker Reservation | 3,26,400 shares | 1,28,000 shares |
| QIB | 22,15,200 shares | 4,80,000 shares |
| NII | 9,25,200 shares | 3,78,000 shares |
| RII | 21,58,800 shares | 8,76,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 61,68,000 shares | 23,68,000 shares |
Nikita Papers IPO subscribed 1.43x in total, whereas Purple Wave Infocom IPO subscribed 6.88x.
| Nikita Papers IPO | Purple Wave Infocom IPO | |
|---|---|---|
| QIB (times) | 0.74x | 11.85x |
| NII (times) | 2.11x | 7.69x |
| Big NII (times) | 8.87x | |
| Small NII (times) | 5.32x | |
| RII (times) | 1.84x | 3.80x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.43x | 6.88x |
